problem that pre-dates this administration. In those times, there were policies, too numerous to remember, intended to address the issue which met with limited successes due, mainly, to their political nature aimed at scoring cheap points.
But there is a fresh approach to making those youths entrepreneurs instead of job seekers. The Tertiary Institutions Entrepreneurship Scheme , an initiative of the Central Bank of Nigeria is part of policy measures to address rising youth unemployment and underemployment. The policy is designed to get the buy-in of Nigerian polytechnics and universities and in the process, harness the potentials of graduate entrepreneurs in Nigeria.
Expert opinion claims that the problem of start-ups in Nigeria is finance. This newspaper disagrees. What a start-up needs, in our opinion, is an idea that is actionable, the determination to succeed, the perseverance required to confront the initial challenges and overcome them. Otherwise, giving money to anyone who is not ready to strive will only end in flushing valuable resources down the drain. It has happened severally in the past.
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